XRP has repeated this sequence 4 times, almost to perfection.
The first consolidation period lasted for approximately 9.5 days and resulted in a 533% rally from the previous ATH -0.21% pivot .
A retracement of 78.6% ensued throughout the second sequence.
The second sequence lasted 5 times longer than the first consolidation period and resulted in another 533% increase from the previous ATH -0.21% pivot .
A retracement of 78.6% ensued throughout the third sequence.
The third sequence lasted 5 times longer than the second sequence and resulted in (yet again) another 533% increase from the previous ATH -0.21% pivot .
I expect another 78.6% retracement to occur. This will put the price of XRP below 1$.